Equalisation Levy Applicability and Consequences in India

Applicability of Equalisation Levy Currently, the following services are covered under the Equalisation Levy in India: Online advertising services Provision for digital advertising space Any other service as may be…

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Tax Saving Options for Individuals and Businesses in India

Income tax is the direct tax imposed by the government on the taxable income of individuals, businesses, and other entities. The tax rate differs according to income level, and the…

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Foreign Inward Remittance Certificate (FIRC) in India: Types, Issuance, and Requirements

What is Foreign Inward Remittance Certificate (FIRC)? A Foreign Inward Remittance Certificate (FIRC) is a document that acts as proof of a foreign exchange inflow transaction. In India, approved banks…

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